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Banking on the beach

It’s summer, it’s Friday and yes, it’s beach party time. In this latest news on beach trends, folks "will wear wristbands that automatically debit their bank accounts or credit cards to pay for beach access, food and parking".  Yes, it’s true.  In Ocean City, New Jersey, they’re investing in a $3 million wi-fi project to…

A perfect storm for hedge funds and private equity

There appears to be a perfect storm brewing in the private equity and hedge fund markets. Similarly you cannot avoid the bad news about Bear Stearns right now with Warren Spector, co-President and co-COO, resigning over the weekend amid major issues over sub-prime mortgage debts.  Warren’s responsibilities included overseeing Bear Stearns’ asset management division, where…

A perfect storm for hedge funds and private equity

There appears to be a perfect storm brewing in the private equity and hedge fund markets. Similarly you cannot avoid the bad news about Bear Stearns right now with Warren Spector, co-President and co-COO, resigning over the weekend amid major issues over sub-prime mortgage debts.  Warren’s responsibilities included overseeing Bear Stearns’ asset management division, where…

JWG-IT News Alert: MiFID Madness

Everyone needs to smile now and then … even MiFID programme managers.  I have failed to come up with a joke about MiFID for two years now, and have decided to stick to think-tanking.  Please help me … As we approach M-Day, please provide your views of the madness by entering our online competition and…

JWG-IT News Alert: MiFID Madness

Everyone needs to smile now and then … even MiFID programme managers.  I have failed to come up with a joke about MiFID for two years now, and have decided to stick to think-tanking.  Please help me … As we approach M-Day, please provide your views of the madness by entering our online competition and…

How the media changes reality: banks liars and bullies

In an eight-page document to the Chief Executives of UK Banks released on Friday, the UK’s Financial Services Authority (FSA) accused the UK Banking industry of being "unfair". The document concludes an investigation into unauthorised overdraft charging complaints procedures.  In softening the blow with an opening "we did see evidence of firms taking steps to…

How the media changes reality: banks liars and bullies

In an eight-page document to the Chief Executives of UK Banks released on Friday, the UK’s Financial Services Authority (FSA) accused the UK Banking industry of being "unfair". The document concludes an investigation into unauthorised overdraft charging complaints procedures.  In softening the blow with an opening "we did see evidence of firms taking steps to…

HSBC’s view from the top

I recently went to a conference in the HSBC tower at Canary Wharf.  On entering the building, there’s  a few things that strike me. First, the lovely pair of lions as you walk up to the building.  The lions are feng shui good fortune symbols that you’ll find outside most of HSBC’s global offices, and…

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

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